Extract of Relevant Acts/Scheme/Regulation etc.

In terms of Section 9(3)(i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, one vacancy of the Shareholders Director will be filled in by election in the above meeting

The relevant Sections of The Banking Regulations Act, 1949, The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, relevant Regulations of The Bank of Maharashtra (Shares and Meetings) Regulations, 2004 in this regard, are reproduced below for the information of the shareholders. Please click on icon provided to view the relevant provisions.

 
Sr. No. ACT/SCHEME/REGULATIONS/NOTIFICATIONS APPLICABLE PROVISIONS .pdf file
1. The Banking Regulation Act, 1949 Section 16 (1)
Section 20
Section 51
2. The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
Section 3 (2E)
Section 9(3)(i)
Section 9(3A) (A) to (C)
Section 9(3AA)
Section 9(3AB)
Section 9(3B)
Section 13(2)
3. The Nationalized Banks (Management And MiscellaneousProvisions) Scheme, 1970 Clause 9(4)
Clause 10
Clause 11
Clause 11A
Clause 11B
Clause 12(8)
4. Bank of Maharashtra (Shares & Meetings) Regulations, 2004 Regulation 10
Regulation 61
Regulation 61A
Regulation 61B
Regulation 63
Regulation 64
Regulation 65
Regulation 66
Regulation 67
Regulation 68
Regulation 69
Regulation 70
5. RBI Notification No. DBOD. No. BC.No.46 and47/29.39.001/2007-08 dated 01.11.2007 and No.DBOD.BC.No.95/29.39.001/2010-11 dated 23.05.2011 Pursuant to Section 9(3AA) & Section 9(3AB) of The Banking Companies Acquisition and Transfer ofUndertakings) Act, 1970.
6. Guidelines issued by Govt of India, MOF, DFS for consideration as a Non official director dated March 25,2015 read with GOI Office Memorandum dated September 03,2013.
7. RBI Master Circular No RBI/2014-15/64 DBOD.No.Dir.BC. 16/13.03.00/2014-15 dated July 01,2014.
8. Form and Formats
(in word format)

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IMPORTANT: Bank of Maharashtra never ask for Bank account details for any purpose through phone call/email/SMS.

Bank appeals to all the customers not to respond to such phone call/email/SMS and not to share their bank account detail with any one for any purpose. Never share your CVV/ PIN No. of Debit/Credit card to anyone.